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Senior Finances: Getting Involved
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When you're caring for family members who are in failing physical or mental health, you're often faced with a range of legal and financial issues: Am I responsible for their debt? What can I do to help them avoid scams and fraud? How do I take over bill paying or set up automatic deposits and payments?
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Choosing a financial planner is important. Here are 7 things to look for when searching for a smart financial planner.
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What are warning signs that parents are losing control of their finances? One sign that they're losing control of their finances is mail piling up.
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Holidays give adult children a chance to check on parents they haven't seen lately. Watch for these 8 clues that could mean your parents need help.
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Questions
- My father is withdrawing money from his accounts but can't remember where he's spending the money. What can I do?
- How can I help my mother better manager her money so she is living within her means?
- What is a VEBA account?
- I feel my father is being scammed. What can I do?
- Is it possible to get paid from your parents' assets if you have power of attorney and manage their affairs?
- When should my husband relinquish the checkbook?
- How do I get my dad to stop taking questionable financial advice from his friends?
- With both my parents in the hospital, how can I pay their bills?
- Where can I get help paying for prescription drugs?
- How can I stop nephews and nieces from driving my elderly mother into financial ruins?
- Read more questions about Senior Finances: Getting Involved…
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